Thursday, 31 July 2014
Last updated 2 hours ago
Jan 26 2006 | 7:41pm ET
Thirty-year-old entrepreneur Jared Polis, who has been called one of the richest young Americans, is reportedly readying to launch his own hedge fund. According to an article in the Rocky Mountain News, Polis, along with Joel Citron, expect to launch the fund in the second quarter with $100-200 million in assets under management.
Polis’ office referred phone calls to Citron, who declined to comment on the new venture.
Colorado-native Polis recently sold online retailer Provide Commerce, formerly known as ProFlowers.com, to Liberty Media for $477 million. In 1999, he sold online greeting card publisher BlueMountain.com to Exite@Home for $780 million.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…